Sarasota finance firm acquired by national wealth management company

Atlas Financial of Sarasota has been acquired by Mariner, a national wealth management company headquartered in Overland Park, Kansas.

The acquisition was part of a pair of deals that will bring about $878 million under management to Mariner. Newport Advisory of Newport Beach, California, was the other agency acquired. 

Mariner will now operate two offices in Sarasota and two in Newport Beach, bringing the agency’s footprint to 126 nationwide. The company has a Sarasota office at 240 South Pineapple Ave., while the former Atlas Financial office is at 8830 S. Tamiami Trail.